The Computer Division's operating data for the past two years are provided below: Year 1 Year 2 Return on investment 12 24 Net operating income ? $360,000 Turnover ? 3 Margin ? ? Sales $3,200,000 ? Computer Division's margin in Year 2 was 160% of the margin in Year 1. What is the Computer Division's Margin for Year-1? 5% 8% 150% 20%
The Computer Division's operating data for the past two years are provided below: Year 1 Year 2 Return on investment 12 24 Net operating income ? $360,000 Turnover ? 3 Margin ? ? Sales $3,200,000 ? Computer Division's margin in Year 2 was 160% of the margin in Year 1. What is the Computer Division's Margin for Year-1? 5% 8% 150% 20%
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 3SEQ: Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of...
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Question
The Computer Division's operating data for the past two years are provided below:
|
Year 1 |
Year 2 |
Return on investment |
12 |
24 |
Net operating income |
? |
$360,000 |
Turnover |
? |
3 |
Margin |
? |
? |
Sales |
$3,200,000 |
? |
Computer Division's margin in Year 2 was 160% of the margin in Year 1.
What is the Computer Division's Margin for Year-1?
5% |
||
8% |
||
150% |
||
20% |
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